New At Moneta Markets: Innovative Crypto ETFs

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Written By
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Written By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

Moneta Markets is broadening its investment offering by adding six new crypto exchange-traded funds (ETFs), presenting fresh opportunities for short-term traders. They will be available from 20 February 2024.

Key Takeaways

  • Moneta Markets is introducing BITO, BITB, ARKB, BTCO, IBIT, and GBTC to its roster of 50+ ETFs.
  • They will be available on the MT4 and MT5 desktop and mobile platforms.
  • The new crypto ETFs can be traded with 1:1 leverage.
Moneta Markets Crypto ETF Details
Contract
BITO ProShares Bitcoin Strategy ETF
BITB Bitwise Bitcoin ETF
ARKB ARK 21Shares Bitcoin ETF
BTCO Invesco Galaxy Bitcoin ETF
IBIT BlackRock iShares Bitcoin ETF
GBTC Grayscale Bitcoin Trust ETF

What Are Crypto ETFs?

Crypto ETFs track the value of one or several digital currencies, enabling traders to bet on their price movements without the need to purchase and store the cryptocurrencies via exchanges.

Similar to conventional ETFs, they are traded on regular stock exchanges and have attracted significant attention from retail investors following the approval of the Bitcoin spot ETF by the US Securities & Exchange Commission (SEC) in January 2024.

Popular ETFs at Moneta Markets
Moneta Markets Popular ETFs

About Moneta Markets

Moneta Markets is an online broker, licensed by the ASIC, FSCA, and FSA. Over 70,000 traders have joined the firm to access its more than 1000 instruments, encompassing cryptocurrencies, stocks, indices, commodities, and forex.

Moneta Markets offers a quick sign-up process for new traders, with a $50 minimum deposit and zero transfer fees.

Founded in 2019 and headquartered in Johannesburg, South Africa, Moneta Markets offers over 1000 instruments for short-term trading. New traders can choose between STP and ECN accounts while the smooth sign-up process has helped attract 70,000 registered traders.